Fiscal Fitness: Resolutions to help get your business in shape for 2010

By Sam Boykin
CHARLOTTE — If you’re the type who makes New Year’s resolutions, chances are good that you’re looking to improve both your waistline and your finances in 2010. While we can’t help you shed any of those extra holiday pounds, we can assist you in getting yourself and your business in good financial shape this year. We consulted financial experts and successful entrepreneurs to ask what folks can do to keep bottom lines healthy.
William Thompson, a financial services professional with Hinrichs Flanagan Financial, said that when it comes to entrepreneurs and small business owners, there’s often a crossover between their business and personal finances.
“Those two universes can be very blended,” he said.
To make both successful, Thompson said business owners and leaders should focus on a few key areas, including risk management and the health of their individual finances.